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DLJ VC unit leads $20.5M investment in Excess Bandwidth Corp.

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New York-based Donaldson, Lufkin & Jenrette's venture capital unit, The Sprout Group, has led a $20.5 million investment in Excess Bandwidth Corp. Cupertino, Calif.-based Excess Bandwidth develops advanced algorithms for high-bandwidth b-to-b communications platforms. Other venture capital firms participating in the investment include the Mayfield Fund, Menlo Park, Calif.
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